Car Bumpers Market Size

Global Car Bumpers Market Overview

Car Bumpers Market Size was valued at USD 12.8 Billion in 2022. The Car Bumpers market industry is projected to grow from USD 13.31 Billion in 2023 to USD 18.22 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.00% during the forecast period (2023 - 2032). Growing customer demand for more advanced safety features with technological developments and strict government-imposed safety standards and regulations are the key market drivers boosting the expansion of the market.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Car Bumpers Market Trends

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  Increasing global sales of both passenger and commercial cars is driving the market growth

  
  

Market CAGR for car bumpers is being driven by the increasing global sales of both passenger and commercial cars. The area of the automotive industry devoted to the creation, production, and retailing of bumpers for automobiles is known as the automotive bumper market. Installed on the front and back of cars, bumpers are vital safety and aesthetic elements. They fulfill several purposes. The main purpose of bumpers is to disperse and absorb impact energy during collisions. This minimizes damage and lowers the chance of injury, protecting the car and its occupants.

Additionally, global passenger and commercial vehicle sales are increasing, which is a major element driving demand for automotive bumpers in cars. Car bumpers contribute to pedestrian safety by offering a more cushioned and impact-absorbing surface in the event that a car collides with a pedestrian. Auto bumpers enhance a vehicle's overall look and style in addition to providing safety features. Bumpers are frequently used by automakers as focal points of an automobile's external design. Radar, parking, and camera sensors are just a few of the sensors and parts that modern car front bumpers frequently incorporate for advanced driver assistance systems (ADAS).

Advanced safety features in cars are in high demand due to customer awareness of vehicle safety increasing. Part of a car's overall safety system that is often overlooked is the front fascia. Strong bumpers that provide good passenger and pedestrian accident protection are what buyers look for in automobiles. Furthermore, a major selling factor these days is bumper integration with advanced driver assistance systems (ADAS), like parking sensors, automated emergency braking, and adaptive cruise control.

For instance, strict guidelines for vehicle safety, including bumper performance in crash testing, are established by regulatory agencies like the European New Car Assessment Programme (Euro NCAP) in Europe and the National Highway Traffic Safety Administration (NHTSA) in the United States. Thus, result in driving the Car Bumpers market revenue.

Car Bumpers Market Segment Insights

Car Bumpers Type Insights

The Car Bumpers Market segmentation, based on type includes Standard Bumper, Deep Drop/Cowboy Bumper, Roll Pan Bumper, Step Bumper, and Tube Bumper. The standard bumper segment dominated the market. Normal bumpers are made to cushion small hits, shielding the car's front and rear ends from harm in parking lot accidents, low-speed collisions, and other small-impact mishaps.

Car Bumpers Material Insights

The Car Bumpers Market segmentation, based on Material, includes Steel, Aluminum, Rubber, Plastic (Polypropylene (PP), HDPE, Polycarbonate, Thermoplastic Polyolefins (TPOs), and Carbon Fiber), and Fiberglass. The aluminum category generated the most income. These bumpers provide a balance between strength and weight and are less heavy than steel. Although they resist corrosion, their production can be more costly.

Car Bumpers Positioning Insights

The Car Bumpers Market segmentation, based on Positioning includes Front Ends, and Rear Ends. The front ends segment dominated the market. Of the vehicle's front end, the front bumper is an essential part. Acting as the main line of defense against small-scale crashes and blows, it protects the car's body, engine, and passengers in the event of a low-speed collision.

The Car Bumpers Market segmentation, based on Vehicle Type, includes Passenger Cars, (Hatchbacks, Sedans, and Utility Vehicles (SUVs & MPVS)), Light Commercial Vehicles, Heavy Duty Trucks, Buses and Coaches, and Off- Highway vehicles (Agriculture Tractors & Equipment, Construction & Mining Equipment, and Industrial Vehicles (Forklift, AGV, Etc.)). The passenger cars category generated the most income. The primary purpose of passenger car bumpers is to absorb impact during low-speed crashes. Their purpose is to shield the car's front and rear ends from small collisions like low-speed collisions or parking lot dings.

Car Bumpers Sales Channel Insights

The Car Bumpers Market segmentation, based on Sales Channel includes OEM, and Aftermarket. The aftermarket segment dominated the market. Aftermarket bumpers are made to replace worn-out, damaged, or antiquated bumpers on automobiles. Usually, independent producers or businesses that specialize in aftermarket car parts make these bumpers.

Figure1: Car Bumpers Market, by sales channel, 2022&2032(USD Billion)

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Car Bumpers Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America's largest automobile market is in the United States. The desire of American consumers for trucks, SUVs, and crossover cars affects bumper market figures. Beauty and safety elements are frequently given priority in bumper designs. The market is also impacted by strict safety laws from organizations like the NHTSA.

Further, the major countries studied in the market report are The US, German, France, the UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil.

Figure2: CAR BUMPERS MARKET SHARE BY REGION 2022 (USD Billion)

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Europe Car Bumpers market has the second-largest portion of the market. In enforcing strict safety regulations and advancing the sustainability of car bumpers, the area frequently takes the lead. Further, the German Car Bumpers market had the biggest market share, and the UK Car Bumpers market was the European market with the quickest rate of growth.

The Asia-Pacific Car Bumpers Market is anticipated to expand between 2023 and 2032 at the quickest CAGR. This is because of the existence of significant automobile manufacturing in South Korea, China, Japan, and India. Moreover, China’s Car Bumpers market had the biggest market share, and the Indian Car Bumpers market was the Asia-Pacific region's fastest-growing market.

Car Bumpers Key Market Players& Competitive Insights

Leading market players are putting a lot of money on R&D to expand their product lines, which will help the automobile bumper market grow. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, Car Bumpers industry must provide reasonably priced goods.

One of the main business strategies employed by manufacturers is to manufacture locally in order to reduce operating expenses in the global Car Bumpers industry to help customers and expand the market segment. In recent years, the Car Bumpers industry has provided some of the biggest benefits to medicine. Major players in the Car Bumpers market, including Plastic Omnium, Hyundai Mobis Co. Ltd., Magna International, Inc., SMP Deutschland GmbH, Toyoda Gosei Co. Ltd., Benteler Automotive, Samvardhana Motherson Group (SMG), Faurecia SA., and others, are engaging in research and development activities in an effort to boost market demand.

Faurecia SE (now FORVIA) is a French global automobile supplier. In terms of car interiors and emission control technology, it ranked first in 2022 and was the seventh-largest global maker of automotive parts. Faurecia equips one out of every two cars. It creates and produces vehicle seats, exhaust systems, interior systems (dashboards, center consoles, door panels, acoustic modules), and exterior features (wood, aluminum). In 2023, the company and Hella, a German car parts producer, combined to form Forvia.

Tong Yang Group) is a conglomerate based in South Korea. It grew over the next few decades to incorporate a variety of holdings, including a basketball franchise and financial services organizations. When cash flow problems caused it to default on its debt in September 2013, the company, which was ranked 38th in the nation, tried to raise money by selling off important subsidiaries. Group chairman Hyun Jae-hyun was detained in January 2014 together with three other senior executives on allegations of financial product fraud and misconduct. In 2022, Tong Yang was certified as an AEO by the Ministry of Finance's Customs Administration and Kaohsiung Customs.

Key Companies in the Car Bumpers market include

• Plastic Omnium


• Hyundai Mobis Co. Ltd.


• Magna International, Inc.


• SMP Deutschland GmbH


• Toyoda Gosei Co. Ltd.


• Benteler Automotive


• Samvardhana Motherson Group (SMG)


• Faurecia SA


• NTF Group


• Tong Yang Group


• KIRCHHOFF Automotive


• Yanfeng Automotive Interiors


• Futaba Industrial Co. Ltd.


• Flex-N-Gate Corporation


• Toyota Boshoku Corporation

Car Bumpers Industry Developments

September 2021: Toyoda Gosei Co., Ltd. increased production capacity at TG Missouri Corporation, one of its production subsidiaries in the United States. This move helped the company further develop its production network in the important North American market.

July 2021: Samvardhana Motherson Automotive Systems Group BV (SMRPBV) and Marelli Automotive Lighting to investigate potential new collaborations in intelligently lighted external body pieces, such as front grills and bumpers, as well as other illuminated automotive components.

Car Bumpers Market Segmentation

Car Bumpers Type Outlook

• Standard Bumper


• Deep Drop/Cowboy Bumper


• Roll Pan Bumper


• Step Bumper


• Tube Bumper

Car Bumpers Material Outlook

• Steel


• Aluminum


• Rubber


• Plastic
  
  
  
  • Polypropylene (PP)
  
  
  • HDPE
  
  
  • Polycarbonate
  
  
  • Thermoplastic Polyolefins (TPOs)
  
  
  • Carbon Fiber
  
  
  
  

• Fiberglass

Car Bumpers Positioning Outlook

• Front Ends


• Rear Ends

Car Bumpers Vehicle Type Outlook

• Passenger Cars
  
  
  
  • Hatchbacks
  
  
  • Sedans
  
  
  • Utility Vehicles (SUVs & MPVS)
  
  
  
  


• Light Commercial Vehicles


• Heavy Duty Trucks


• Buses and Coaches


• Off- Highway vehicles
  
  
  
  • Agriculture Tractors & Equipment
  
  
  • Construction & Mining Equipment
  
  
  • Industrial Vehicles (Forklift, AGV, Etc.)
  
  
  
  

Car Bumpers Sales Channel Outlook

• OEM


• Aftermarket

Car Bumpers Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America